FRASERBURGH ENGINEERING CO. LTD.

🌳Matureactive

SC208965 · ltd · incorporated 2000-07-11

Investment thesis

Looks cheap but ownership + security both unclear — probable value trap.

Why interesting: Headline metrics may be attractive.

Why risky: No PSC visibility combined with multiple live charges; transacting likely slow and expensive.

Why now

Window steady · low confidence

Stable recent picture — watch for any upcoming trigger event.

Opportunity decay

approaching window · 12-months

Approaching a transaction window — refinance or sale event plausible in the next 12 months.

· Oldest live charge 25.9y old — refinance window within 12 months

What changed my view

Last 30 days

No material changes in the last 30 days.

Last 90 days

No material changes in the last 90 days.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Sept 2025

Net worth

£1.02M

book net assets

Opportunity

83/100

Exceptional

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What this business does

Primary activity: Other business support service activities n.e.c.

Sector: Administrative & support services

Investor take

Pursue

Strong opportunity: active trading company with exceptional profile and acceptable with review structure.

Opportunity 83/100 (exceptional), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 4 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

4 live charges · 2 lenders · oldest 25.9y

50/100

clean up first

Refinance viable after a tidy-up — address the highlighted items first.

· Oldest live charge is 25.9 years old — likely at or near maturity.
· Two lenders — manageable, but coordination required.
· Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (71/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile

address, 1 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

4 charges (4/4 with lender, 4/4 with type)

Directors & officers

13 officers (8 active, 13 linked, 9 with DOB)

Ownership & PSC

No PSCs filed (unusual — worth investigating)

Director network

1 connected companies via shared directors

Filing history

98 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

83/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £1,019,744

Cash YoY

+30%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£388k

↑ 30% YoY

Net Worth

£1.0m

↑ 23% YoY

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-09-30	2024-09-30
Cash	£388.2k	£297.6k
Net assets	£1.02M	£832.4k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 signals detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.

Available from the Pro tier upwards.

See pricing →

Recent activity

Last 30 days

filings

Last 90 days

filing

• 1 confirmation-statement

Last 180 days

filing

• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (40 events)Click to expand

2026-01-23
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-03
📍
move-registers-to-registered-office-company-with-new-address
address · AD04
2024-11-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-01
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-08-01
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-07-17
➕
THOMSON, Fiona appointed
director
2024-07-17
➕
THOMSON, Kelly Marie appointed
director
2023-12-19
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-05
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-06-09
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-07-14
📄
change-person-director-company-with-change-date
officers · CH01
2021-07-14
📄
change-person-director-company-with-change-date
officers · CH01
2021-06-15
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-06-11
📄
change-person-director-company-with-change-date
officers · CH01
2020-06-11
📄
change-person-director-company-with-change-date
officers · CH01
2020-06-11
📄
change-person-director-company-with-change-date
officers · CH01
2020-01-14
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-01-08
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-12-27
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2015-08-12
➕
MCKENZIE, Audrey appointed
director
2015-08-12
➕
MCKENZIE, John Alexander Sim appointed
director
2010-08-04
➕
THOMSON, Gavin appointed
secretary
2010-08-04
➖
THOMSON, Christian resigned
secretary
2010-03-25
🔒
Charge registered #4
Lender: Lloyds Tsb Commercial Finance Limited
2010-02-08
➖
THOMSON, George Creig resigned
director
2008-03-01
➕
THOMSON, Gavin appointed
director
2006-09-04
🔒
Charge registered #3
Lender: The Governor and Company of the Bank of Scotland
2003-10-15
🔒
Charge registered #2
Lender: The Governor and Company of the Bank of Scotland
2003-05-25
➖
SHEARING, Robert Stanley resigned
director
2000-09-08
🔒
Charge registered #1
Lender: The Governor and Company of the Bank of Scotland
2000-07-11
🏢
Company incorporated
As FRASERBURGH ENGINEERING CO. LTD.
2000-07-11
➕
STEPHEN, David appointed
director
2000-07-11
➕
THOMSON, George Mitchell appointed
director
2000-07-11
➕
THOMSON, Christian appointed
secretary
2000-07-11
➕
BRIAN REID LTD. appointed
corporate-nominee-secretary
2000-07-11
➖
BRIAN REID LTD. resigned
corporate-nominee-secretary
2000-07-11
➕
SHEARING, Robert Stanley appointed
director
2000-07-11
➕
THOMSON, George Creig appointed
director
2000-07-11
➕
STEPHEN MABBOTT LTD. appointed
corporate-nominee-director
2000-07-11
➖
STEPHEN MABBOTT LTD. resigned
corporate-nominee-director

Owner dependency

66/100

High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS

-7 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 26 years — deep operational knowledge concentrated in one person.
+Senior director age: Director aged approximately 63 — approaching natural succession window.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

70/100

Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS

primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
primary20+ year tenure: Director in role 26 years. Very long tenure is a classic succession signal.
supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

clean

No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

See pricing →

Similar companies

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Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

7 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.

Available from the Pro tier upwards.

See pricing →

🔒Advanced scoring suite

Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.

Available from the Pro tier upwards.

See pricing →

Company details

Statusactive

Typeltd

Incorporated2000-07-11

Jurisdictionscotland

Primary SIC82990 — Other business support service activities n.e.c.

Registered office

19 Reclaimed Ground

Fraserburgh

Aberdeenshire

AB43 9TD

Scotland

Filing status

Accounts

Next due: 2027-06-30

Last made up to: 2025-09-30

Confirmation statement

Next due: 2027-06-19

Last: 2026-06-05